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conehead
 
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Default How to charge for your work


"JAW" wrote in message
.. .
Here is a formula that I have arrived by using my experience and the

experience of many other people who estimate work.
This formula was not derived for just woodworking, but just in general.

((first guess of time X 3) + 15%) + materials = cost

Or for those who took some sort of engineering use PI (3.14)

Remember use the first estimate of how long you think it wll take. The

multiplier of 3 is how long it will probably take
and then the 15% is for unknowns.

JAW



I think you might be missing two critically important factors. Wouldn't it
be a good idea to have an hourly cost in your formula? And your costs are
no business of your client. Your price is.

Say: ((first guess of time X 3 X $25 [or whatever]) + 15%) + materials =
price [not cost - you're trying to quote a price, not a cost].


--
Conehead